Any willing and mentally capable adult can serve as a personal representative, but that doesn’t mean you should choose the first person you think of when you make your selection. Instead, you should consider people who have specific traits, or abilities. When an executor or personal representative manages an estate, that person has specific duties. These include, for example, taking an inventory of all estate property, paying any outstanding estate debts, managing estate assets during the probate process, distributing the appropriate inheritances to estate beneficiaries, and closing the estate once all required tasks are completed.
- What does a personal representative need to be able to do?
- Probate, Personal Representatives, and Legal Experience
- Probate and Non-Probate Assets
- Personal Representatives and Your Estate Plan
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